India, Oct. 9 -- The infrastructure web being built in Mumbai guarantees that every citizen can commute anywhere in the city in less than an hour. This bold assertion was made by Union minister for commerce and industry Piyush Goyal, on Wednesday. He was addressing a special session at the sixth edition of the Global Fintech Fest 2025 at the Jio Convention Centre in Mumbai.

"No power on earth can stop India from becoming a developed nation by 2047", with the government taking a series of initiatives to boost infrastructure, economy and international trade, said Goyal at the convention, organised by the Payments Council of India (PCI), the National Payments Corporation of India (NPCI) and the Fintech Convergence Council (FCC).

The minist...